Foundation Laid for Jakson Group’s Rs. 8,000 Cr. Integrated PV Plant in MP
Jakson Group has laid the foundation for phase-1 of its greenfield solar manufacturing plant in Madhya Pradesh’s Maksi. Jakson will be pumping Rs. 8,000 crore as investment for the development of this plant.
Largest Solar Manufacturing Initiative in MP
In its press release, Jakson Group mentioned that its upcoming Maksi plant is the largest initiative for PV solar manufacturing in Madhya Pradesh yet. This plant, which will be completed over the next 3 years in phases, has been envisaged as an integrated solar manufacturing facility with 6 GW annual production. This means that upon full commissioning, this plant will be able to produce 6 GW of solar ingots, 6 GW of solar wafers, 6 GW of solar cells, and 6 GW of solar modules annually.
3 GW Solar Cell, 4 GW Solar Module Manufacturing Capacity in Phase-1
Phase-1 of Jakson Group’s Maksi plant will be developed with an investment of Rs. 2,000 crore, and will have the capability of churning out 3 GW of solar cells & 4 GW of solar modules annually. This phase alone will sprawl over an area of 113.5 acres.
While details about subsequent phases of the Maksi plant were not disclosed, Jakson Group did mention that following phases will focus on backward integration and will produce silicon ingots and wafers. This will facilitate creation of a ‘comprehensive solar manufacturing ecosystem’ in the state, as per Jakson.
Project to Create 4,000 Employment Opportunities in Total
Jakson Group’s Maksi plant will generate significant employment opportunities in Madhya Pradesh. Phase-1 of the plant is expected to generate 1,700 job opportunities, whereas the project in entirety is expected to create 4,000 jobs in the state.
Vertical Integration Key to Energy Independence – Jakson Group
During the Bhoomi Pujan ceremony of phase-1 of Jakson Group’s Maksi plant, Mr. Sundeep Gupta, Vice-Chairman of the group, said, “Vertical integration is the key to India’s energy independence, enabling cost efficiencies, technological advancement, and resilience against global supply disruptions”. Mr. Sameer Gupta, Chairman of the Jakson Group, expressed that this new plant in MP will further the cause of Make in India and self-reliance in solar equipment supply chain.
Need to Bridge the Gap Between Solar Cell & Module Production
Aforementioned statements assume special significance considering the huge gap between India’s solar cell and solar module production capabilities. In August 2025, India crossed annual solar module manufacturing capacity of 100 GW, whereas the country’s annual solar cell production capability is around 27 GW. While this is a massive improvement since the conception of International Solar Alliance in 2015, there is a pressing need to bridge this gap in order to be self-reliant. In 2015, India’s solar module production was about 2.4 GW per annum, and domestic solar cell production was negligible.
In fact, the Indian Government targets to increase solar cell production to 65 GW per annum and solar module production to 150 GW by 2030. Government also eyes expanding solar wafer production to 39 GW per annum from the current 2 GW per annum.
Considering this, Jakson Group’s Maksi plant assumes national significance.
About Jakson Group: Jakson Group was founded in 1947 in Delhi. In 1979, Jakson opened the first genset manufacturing facility in Delhi. The company later diversified into other businesses, which include infrastructure solutions and EPC, solar equipment manufacturing, Battery Energy Storage Systems (BESS) manufacturing, biofuels, Green Hydrogen, and electrolysers.
